Enersys (ENS)
Return on equity (ROE)
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 269,096 | 175,810 | 143,911 | 143,374 | 137,116 |
| Total stockholders’ equity | US$ in thousands | 1,753,640 | 1,600,280 | 1,489,370 | 1,539,760 | 1,300,520 |
| ROE | 15.34% | 10.99% | 9.66% | 9.31% | 10.54% |
March 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $269,096K ÷ $1,753,640K
= 15.34%
Enersys has shown a consistent improvement in its return on equity (ROE) over the past five years. The ROE increased from 10.54% in FY2020 to 15.34% in FY2024. This indicates that the company has been effectively utilizing its shareholders' equity to generate profits for them. Enersys' ROE exceeded 10% in each of the past five years, highlighting its ability to provide satisfactory returns to its shareholders. The steady growth in ROE demonstrates the company's efficiency in generating profits relative to its shareholders' equity. This trend suggests that Enersys has been successful in managing its assets and liabilities to enhance profitability and create value for its shareholders.
Peer comparison
Mar 31, 2024